BSF Enterprise Plc
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:<40,000 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Corporate Social Responsibility
- Corporate Environmental Responsibility
- Gender Diversity
- Ethical Business Conduct
Environmental Achievements
- Group uses less than 40,000 kWh of energy per annum. It does not have responsibility for any emissions producing sources under the Companies Act 2006.
Social Achievements
- Company promotes a policy for the creation of equal and ethnically diverse employment opportunities including with respect to gender.
- Company promotes and encourages employee involvement.
Governance Achievements
- Company aims to conduct its business with honesty, integrity and openness, respecting human rights and the interests of shareholders and employees.
- Company has adopted an anti-corruption and bribery policy.
- Company has a code of business ethics for Directors, officers and employees.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Inability to fund operations post-acquisition
- Technical risks associated with biotechnology research and development
- Potential conflicts of interest among directors
- Finding suitable acquisition opportunities
- Risks inherent in acquisitions
- Reliance on external advisors
- Reliance on additional funding to generate income
- Restrictions in offering Ordinary Shares as consideration for acquisitions
Mitigation Strategies
- Exploring additional fundraising options
- Board of Directors has considerable experience in corporate finance activities and in managing acquired businesses
- Appointment of Dennis Ow as an independent director to manage conflicts of interest
- Board’s experience in relevant sector and corporate finance
- Board’s experience in previous transactions
- Board’s experience in the sector
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Company aims to ensure that its suppliers and advisers meet with their legislative and regulatory requirements and that codes of best practice are met and exceeded.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- City-mix™ (animal-free cell growth agent)
- Lab-grown meat and leather
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:<40,000 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental sustainability
- Ethical business conduct
- Gender diversity
Environmental Achievements
- Minimized business travel through internet-based communication tools
- Aims to minimize adverse environmental effects through optimizing energy usage, minimizing waste production, and protecting nature and people.
Social Achievements
- Promotes a policy for the creation of equal and ethnically diverse employment opportunities including with respect to gender.
- Promotes and encourages employee involvement.
- Aims to establish a diverse and dynamic workforce.
Governance Achievements
- Compliance with the QCA Corporate Governance Code.
- Adoption of a code of business ethics for Directors, officers and employees.
- Adoption of an anti-corruption and bribery policy.
Climate Goals & Targets
Long-term Goals:
- Net zero and healthier planet
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Inability to fund operations
- Technical risks associated with biotechnology research and development
- Potential conflicts of interest among directors
- Risks inherent in acquisitions
- Reliance on external advisors
- Reliance on additional funding to generate income
- Restrictions in offering Ordinary Shares as consideration for acquisitions
Mitigation Strategies
- Exploration of additional fundraising options
- Experienced Board with expertise in corporate finance and managing acquired businesses
- Appointment of an independent director to manage conflicts of interest
- Careful evaluation of acquisition risks
- Careful selection of external advisors
- Strategies to secure further funding
- Board experience in managing such risks
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Aims to ensure that its suppliers and advisers meet with their legislative and regulatory requirements and that codes of best practice are met and exceeded.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Lab-grown meat and leather
- Lab-grown corneas
Awards & Recognition
- Not disclosed